Agreement between gusti and steamboat.
This agreement is for gusti to pay to steamboat the difference over strike price of $5 / LTC trading price for an amount of 5000 LTC, at any given time chosen by steamboat before May 6th, 2013.
Price is based on BTC-E exchange LTC/USD rates, and can be executed at any chosen time before expiry, for the price at the time of request, to be verified by time stamped post in this same thread.
Payment will be made by gusti to steamboat in equivalent BTC for the USD amount.
e.g. if price at chosen time is $7 / LTC, gusti will pay to steamboat the amount of $5000 in BTC.
If strike price is not reached before agreement expiry, no payment will be made from each party to the other.
In return, steamboat is paying now to gusti a one-time, non-refundable premium of 400 LTC to address :
LZcnkun33DzCj7Vfo5Ro1umaoA3PpQkcJp
Accepted and payment sent.
